Various Post Office Schemes available for investment
Post office savings schemes are always been a charm for Indian investors as being considered one of the safest form of investments. Certain schemes enjoys tax exemption making them a preferred mode of investments. Let us see the interest rates offered in these schemes National Savings Certificate This scheme is specially designed for Salaried either...
Know more about Tax saving avenues
I have actually seen people making faces while paying taxes. I still remember a businessman who approached me many years ago and said “I don’t want to pay tax, please draft my financial statements accordingly.” He also wanted all the bills to be arranged to support his windrow dressed financial statements. There is also a...
Missed filing Income tax returns…..here’s what you need to do
In case you are a salaried or non-auditable taxpayer and have missed the deadline for filing of income tax return for the financial year 2012-13, there is still a way out for you of belated filing of tax return. The taxpayers are allowed by IT Department to file their return even after last date. As such,...
Step by step guide to File your Income Tax Returns Online
If you are finding any trouble in filing your Income tax return online, then here is the step by step guide that will help you file your tax return electronically with the help of the official website of Income Tax Department. July 31 is known to be the last date to file the income tax...
Rates for TDS for Assessment Year 2014-15
TDS Rate on Payment of Salary and Wages TDS to be deducted if the estimated income of the employee is taxable. However, employer must not deduct tax on non-taxable allowances like conveyance allowance, rent allowance, medical allowance and deductible investments under sections like 80C, 80CC, 80D, 80DD, 80DDB, 80E, 80GG and 80U. No tax is...
Comparing different types of Endowment Plans
Endowment plans are the long term saving plan plus you get the advantage of insurance. The major property of Endowment policy is that it covers the insured party for a specified period of time. This way the insured person gets the right to stay insured till the time he wants to remain with the policy. ...
Is it Beneficial to Have Family Floater Insurance Plans?
In present times, health insurance is one of the largest growing sectors in people’s lives. As the population is rising people are getting more attached to different lifestyle that is also coming up with unwanted illness and diseases that is charging increasing medical costs and money related problems. The world seems uncertain now where anything...
Pros and Cons of New Pension Scheme
The word ‘Pension’ can create a kind of consciousness to each 30 plus years old working person later or sooner in his life. It is one among the main concerns to government when it works to provide a safe life to the senior citizens. The Indian government has finally arrived at a great solution known...
Calculating Your Life Insurance need
A Life Insurance plays a vital role in your lives. It is not just important for today; however, serves like a financial support for your relatives after you. The Life Insurance is purchased by you from an insurance company after you pay a set premium to the company and it in return ensure to provide...
Comparing Life Insurance from Top 5 Insurers
Life insurance is an essential part of our life. It has now become a priority of life despite the difficulties we face in the journey of life. Insurance is a simple thing. Some people take it as an expense which is of course not a good view. It is a great thing if they look...
